Fastmarkets: Vital acquires organometallics business from Lanxess

Minor metals producer Vital Materials has acquired specialty chemicals company Lanxess' organometallics business, Vital said on Friday February 7.

The plant located in Pyeongtaek, South Korea, produces high-purity gallium, indium and aluminium-based metalorganic sources including trimethylgallium, trimethylaluminum, triethylgallium and trimethylindium.The organometallics are used for the manufacture of LED chips, photovoltaics and other semiconductor applications.

This acquisition is in line with Vital's recent trend. It enables Vital to expand its global footprint while concurrently help to minimize the impact from the ongoing trade war between China and the United States. With Vital’s fully integrated supply chain, all the way from gallium - refined from bauxite - to end products, and then recycling, Vital will be able to provide a closed-loop solution to the customers as a unique service... [which] will enable Vital to be more competitive in the market. At the same time, this operation in conjunction with Vital’s Qingyuan metalorganics operation, aligns Vital’s required capacity in the growing world of compound semiconductors and photovoltaics applications.